latest news releases from the newsroom
Ahold Sustainability Report
ZAANDAM, Netherlands, May 10, 2005 (PRIMEZONE) -- Ahold: Please open the link in order to view the press release regarding the Ahold Sustainability Report.
Occidental Petroleum Corp.
Occidental Sells 11 Million Shares of Lyondell Chemical Company
LOS ANGELES, May 9, 2005 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today that it has sold 11 million shares of Lyondell Chemical Company (LYO) for gross proceeds of approximately $300 million. This will result in a second quarter 2005 net income gain of approximately $90 million, or $.22 per share, and net after tax cash proceeds of approximately $244 million.
Cohen Milstein Sellers & Toll, PLLC
Cohen, Milstein, Hausfeld & Toll, P.L.L.C. Announces Class Action Lawsuit On Behalf Of Investors Of Xybernaut Corporation -- XYBRE
WASHINGTON, May 9, 2005 (PRIMEZONE) -- The law firm of Cohen, Milstein, Hausfeld & Toll, P.L.L.C. has filed a lawsuit on behalf of its client and on behalf of other similarly situated purchasers of the securities of Xybernaut Corporation ("Xybernaut") (Nasdaq:XYBRE) common stock between May 10, 2002 and April 8, 2005, inclusive (the "Class Period"), in the United States District Court for the Eastern District of Virginia.
Dobson Communications Corporation
Dobson Communications Reports First Quarter 2005 Results
OKLAHOMA CITY, May 9, 2005 (PRIMEZONE) -- Dobson Communications Corporation (Nasdaq:DCEL) today reported a net loss applicable to common shareholders of $25.4 million, or $0.19 per share, for the first quarter ended March 31, 2005. The net loss included a $9.4 million income tax benefit for the quarter. (See Table 1.) This compares with the first quarter of 2004, when Dobson reported a net loss applicable to common shareholders of $16.5 million, or $0.12 per share. The net loss included a $5.7 million gain from extinguishment of debt and a $4.0 million income tax benefit.